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Strategy’s leadership is pushing back against growing concerns that the world’s largest corporate holder of Bitcoin (BTC) could face serious financial stress as the cryptocurrency’s price continues to slide.  Speaking after the company released its fourth‑quarter results, CEO Phong Le sought to reassure investors that the firm remains well-positioned, even as Bitcoin fell close to $60,000 on Thursday. Bitcoin Sell‑Off Tests Strategy’s Financial Resilience Bitcoin dropped roughly 50% since reaching all‑time highs of $126,000 in October of last year, a period during which Strategy, formerly known as MicroStrategy, was aggressively accumulating the digital asset.  The sell‑off has weighed heavily on…

Vitalik Buterin warns copy-paste Layer 2s and generic EVM chains are stalling Ethereum’s long-term scaling vision. Ethereum co-founder Vitalik Buterin has said that many new Layer 2 (L2) networks are repeating shallow design patterns, and warned that generic EVM chains with optimistic bridges are holding back meaningful progress. His comments extend the public debate over whether today’s L2 ecosystem still aligns with Ethereum’s original scaling goals. No More “Copypasta” EVM Chains In a February 5 post on X, Buterin argued that comfort and familiarity, not technical necessity, are driving many L2 launches, leading to copy-paste designs that add little beyond…

Los Angeles, Calif., Feb. 05, 2026 (GLOBE NEWSWIRE) — Driven by greed and ego, the son of the late renowned bandleader, Lawrence Welk, was illegally ousted as CEO and chairman of The Welk Group, an enormously profitable organization he ran for 42 years, by his own son and other family members as they seek to enrich themselves and use profits for personal gain, according to a lawsuit filed last month.The complaint filed on Jan. 20 by Lawrence Welk Jr. in Los Angeles County Superior Court against his son, Kevin Welk, The Welk Group, Inc., his nephew Jonathan Fredricks, and Stephen…

Binance moved 42.8% of total spot volume over the past week but absorbed 79.7% of net selling pressure across five major exchanges, according to data from Traderview.The imbalance raises the question of whether a venue needs to handle “most of the market” to set prices for the whole market.The answer is no. A venue needs to be where the market most often determines the price.Between Feb. 2 and 3, Binance recorded the largest Bitcoin (BTC) inflows of the year, with roughly 56,000 to 59,000 BTC moving onto the exchange while Bitcoin traded near $74,000, according to CryptoQuant contributor Darkfost.At current…

The investment arm of stablecoin issuer Tether has acquired a $150 million stake in the precious metals platform Gold.com to expand access to tokenized gold.Tether said on Thursday that it acquired an approximately 12% stake in the company, which will integrate Tether Gold (XAUt), its gold-backed cryptocurrency, into Gold.com’s platform. Source: TetherGold.com is a publicly listed online marketplace that sells gold and other precious metals, such as silver and platinum, to several markets, including the US.“Gold has played a central role in preserving value for centuries, particularly during periods of monetary stress and geopolitical uncertainty,” said Tether CEO Paolo Ardoino.…

In brief Sen. Cynthia Lummis has urged banks to “embrace” stablecoins, calling them a faster, cheaper payment rail and “an entirely new financial product” for customers. CLARITY Act talks have stalled after the Senate markup was pulled, with banks pushing limits on stablecoin rewards and warning of deposit volatility. Treasury Secretary Bessent pressed for the bill to pass, while analysts say delays raise uncertainty as stablecoins gain “strategic significance.” Senator Cynthia Lummis (R-WY) has urged traditional banks on Thursday to embrace stablecoins and view digital assets as a business opportunity, pushing back against banking industry opposition that has stalled crypto’s…

📊No votes yet – Be the first to vote Ethereum’s big boss dropped a bomb. Vitalik Buterin just told the crypto world that Layer 2 scaling for Ethereum basically doesn’t work anymore, and he’s not holding back about why the whole thing fell apart. Progress crawled to a halt while fees stayed dirt cheap on the main network. Buterin laid out two massive problems killing the Layer 2 dream in his latest X post. First, these Layer 2 networks can’t seem to get their act together on decentralization and interoperability – they’re moving slower than molasses. Second, Ethereum’s mainnet fees…

Bitcoin miner MARA moved 1,318 BTC worth about $86.89 million to a mix of counterparties and custody venues over the past 10 hours, onchain data tracked by Arkham shows.The biggest slice went to Two Prime. One transfer sent 653.773 BTC, around $42.01 million, to a Two Prime tagged address, alongside a smaller 8.999 BTC top up worth about $578,000 just minutes later. Separate outbound transactions sent 200 BTC and 99.999 BTC to a BitGo tagged address, together about $20.4 million at the time of transfer, while another 305 BTC moved to a fresh address, worth roughly $20.72 million.(Arkham) The flow…

Some crypto companies have proposed giving community banks a bigger stablecoin role as Senate negotiations stall over the contentious market structure bill.Crypto companies are reportedly floating concessions relating to stablecoin yields in an attempt to unfreeze the delayed crypto market structure bill. The legislation passed the House but has stalled in the Senate as negotiations continue over whether stablecoin issuers should be allowed to offer yields, with banks arguing that such offerings would compete with and take money away from traditional savings accounts.Anonymous sources told Bloomberg that crypto firms are now proposing measures, such as giving community banks a larger role…

Jessie A Ellis Feb 04, 2026 20:11 NVIDIA now offers free GPU-accelerated API access to Kimi K2.5, a 1T parameter multimodal AI model with 384 experts and 262K context length for developers. NVIDIA has rolled out GPU-accelerated endpoints for Moonshot AI’s Kimi K2.5, giving developers free API access to one of the most capable open-source multimodal models currently available. The integration, announced February 4, 2026, positions the 1 trillion parameter model for rapid enterprise adoption through NVIDIA’s build.nvidia.com platform. Kimi K2.5 packs serious technical specifications that matter for production deployments. The model uses a Mixture-of-Experts architecture with 384 experts, activating…